The
deadline for the third cycle of applications was
January 16, 2004 at 5 pm. The remaining Library
Bond Act of 2000 funds will be allocated based
on the applications that are submitted for this
final cycle.

The
Office of Library Construction (OLC) received 72
applications for Library Bond Act construction
grant funding in the thrird and final cycle. The
total amount of state funds requested by these
projects is approximately $586 million and the
average state grant request is a little over $8
million.

OLC
staff will now turn their attention to the next
phase in the process, which is the eligibility
review of the applications. It is anticipated
that this review will be completed sometime in
the spring. An email alert will be transmitted
when the eligibility phase is completed. Those
projects that are deemed ineligible will receive
a letter delineating the reasons for the
ineligibility determination.